Q1 Earnings Forecast for Couchbase Issued By Wedbush

Couchbase, Inc. (NASDAQ:BASEFree Report) – Equities research analysts at Wedbush issued their Q1 2027 earnings estimates for shares of Couchbase in a report issued on Wednesday, February 26th. Wedbush analyst D. Ives forecasts that the company will post earnings of ($0.31) per share for the quarter. The consensus estimate for Couchbase’s current full-year earnings is ($1.48) per share. Wedbush also issued estimates for Couchbase’s Q2 2027 earnings at ($0.32) EPS.

Couchbase (NASDAQ:BASEGet Free Report) last issued its earnings results on Tuesday, February 25th. The company reported ($0.30) EPS for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.22). Couchbase had a negative net margin of 39.31% and a negative return on equity of 57.22%. The company had revenue of $54.92 million during the quarter, compared to analyst estimates of $53.25 million.

BASE has been the topic of several other research reports. UBS Group lowered their target price on shares of Couchbase from $19.00 to $18.00 and set a “neutral” rating on the stock in a research note on Wednesday. Robert W. Baird lowered their price objective on shares of Couchbase from $27.00 to $25.00 and set an “outperform” rating on the stock in a research note on Wednesday, December 4th. Royal Bank of Canada cut their target price on Couchbase from $25.00 to $22.00 and set an “outperform” rating for the company in a research report on Wednesday. The Goldman Sachs Group lowered their price target on Couchbase from $18.00 to $16.00 and set a “sell” rating on the stock in a research report on Thursday. Finally, Needham & Company LLC reissued a “buy” rating and issued a $22.00 price objective on shares of Couchbase in a research note on Wednesday. One analyst has rated the stock with a sell rating, two have issued a hold rating and thirteen have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $22.19.

Read Our Latest Research Report on BASE

Couchbase Price Performance

Shares of BASE stock opened at $17.65 on Friday. Couchbase has a 12-month low of $13.53 and a 12-month high of $32.00. The firm has a market capitalization of $923.94 million, a price-to-earnings ratio of -11.03 and a beta of 0.81. The business has a 50 day simple moving average of $17.05 and a 200 day simple moving average of $17.04.

Hedge Funds Weigh In On Couchbase

Several institutional investors have recently bought and sold shares of the stock. Hood River Capital Management LLC boosted its stake in shares of Couchbase by 38.2% during the 4th quarter. Hood River Capital Management LLC now owns 2,738,468 shares of the company’s stock worth $42,693,000 after acquiring an additional 756,394 shares in the last quarter. Wasatch Advisors LP lifted its holdings in Couchbase by 72.0% in the 4th quarter. Wasatch Advisors LP now owns 1,703,267 shares of the company’s stock worth $26,554,000 after purchasing an additional 712,936 shares during the last quarter. Franklin Resources Inc. boosted its position in Couchbase by 26.8% during the fourth quarter. Franklin Resources Inc. now owns 2,089,104 shares of the company’s stock worth $32,569,000 after purchasing an additional 441,770 shares during the period. Portolan Capital Management LLC grew its holdings in Couchbase by 77.8% during the third quarter. Portolan Capital Management LLC now owns 874,795 shares of the company’s stock valued at $14,102,000 after purchasing an additional 382,851 shares during the last quarter. Finally, 272 Capital LP bought a new position in shares of Couchbase in the third quarter valued at approximately $3,720,000. 96.07% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, CFO Gregory N. Henry sold 9,820 shares of the stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $17.62, for a total transaction of $173,028.40. Following the transaction, the chief financial officer now owns 304,555 shares in the company, valued at $5,366,259.10. This represents a 3.12 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Huw Owen sold 2,993 shares of Couchbase stock in a transaction on Monday, January 6th. The shares were sold at an average price of $16.02, for a total transaction of $47,947.86. Following the completion of the sale, the senior vice president now directly owns 325,993 shares of the company’s stock, valued at approximately $5,222,407.86. The trade was a 0.91 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 54,883 shares of company stock worth $950,915. Corporate insiders own 16.10% of the company’s stock.

About Couchbase

(Get Free Report)

Couchbase, Inc provides cloud database platform for enterprise applications in the United States and internationally. Its database works in multiple configurations, ranging from cloud to multi- or hybrid-cloud to on-premise environments to the edge. The company offers Couchbase Capella, an automated and secure Database-as-a-Service that simplifies database management by deploying, managing, and operating Couchbase Server across cloud environments; and Couchbase Server, a multi-service NoSQL database, which provides SQL-compatible query language and SQL++ that allows for a various array of data manipulation functions.

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Earnings History and Estimates for Couchbase (NASDAQ:BASE)

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